If 2 million workers are unemployed, 18 million workers are employed, and the adult population equals 25 million, then the unemployment rate equals _____ percent.
A)17
B)10
C)20
D)5

Question

Quizplus · Accepted Answer

The unemployment rate is calculated as the number of unemployed workers divided by the labor force (employed + unemployed), then multiplied by 100. Here, the labor force is 20 million (18 million employed + 2 million unemployed), so the unemployment rate is (2 million / 20 million) * 100 = 10%.

If 2 Million Workers Are Unemployed, 18 Million Workers Are